Ann: Lynas Rare Earths Awarded $14.8M Australian Government Grant, page-47

‘……And then there’s the issue of those pesky car batteries. While you can cut down your carbon footprint by a massive margin by switching over to an EV, you just can’t get away from using finite resources completely. EV batteries contain a litany of expensive and finite rare earth metals and minerals, most notably cobalt and lithium, which cause tricky negotiations with global supply chains and which are not without their negative environmental externalities thanks to sometimes messy mining operations.

The energy revolution’s dependence on rare earth metals, which is only set to intensify, has inadvertently put a huge amount of control into the hands of China, which controls around 90% of the market for some of these resources, and has shown that it is not afraid to use that power to sway international politics and diplomacy. In fact, it has been posited that China’s dominance of these supply chains, and other countries’ reticence of that dominance, could potentially lead to a new clean energy resource war if world powers don’t tread lightly…..

https://oilprice.com/Energy/Energy-General/The-World-Will-Run-Out-Of-EV-Batteries-By-2025.html